iterm

16th November, 2016 Aegon Life Insurance, leading Online Insurance Company announced the launch of its flagship product “iTerm” that not only offers all-inclusive online protection but also with effective costs that offers lowest premium rates in the industry.

Being a customer oriented organization, Aegon makes sure that the ‘Iterm‘ InsurancePlan provides long-term protection to the consumers and to cover bigger life responsibilities. It provides not just financial security but also optional coverage through riders.

New & Advanced features if iTerm:

Currently the most cost effective and comprehensive protection plan available online.

Added Life stage benefit for the customers, wherein one can increase their protection
cover as per the important milestones in life.

Premium can now be paid on a monthly, half-yearly, and annually basis as opposed to previously when the customer was required to make annual payments.

The maximum maturity age is raised to 80 years, raising the maximum policy
term to 62 years.

The product now also offers flexibility to choose death benefit payout.
o A lump-sum payment, or
o As fixed monthly income for 100 months, or
o A combination of the above.

Speaking on the occasion Mr. Martijn de Jong, Chief Digital Officer said “Our idea is to engage every consumer who can be a part of iTerm. With focus on protection, delighted to introduce iTerm which is best-in-class product suite that will cater to today’s consumer needs.”

The main focus is on the customer needs and real time protection. Considering the technological and innovative benefits Iterm will be an ideal choice for every individual in the family.

Other features of iTerm plan:

Entry age for a customer is a minimum of 18 and a maximum of 65 years. With a minimum policy term of 5 and a maximum of 62 years.

Aegon Life WOP Rider on CI – Covers 4 critical Illness conditions i.e. Cancer, Open Chest CABG, First Heart Attack and Stroke. On being diagnosed with any of these 4 critical illnesses, future premiums payable under the base plan and riders (if any) are waived while the life cover and rider cover (if any) continues

Aegon Life Women CI Rider– Covers the illness pertaining to women. The illness is covered into 2 groups, Group 1 – Malignant Cancer of the Female Organs, Group 2 – Birth of child with Congenital Disorders and Pregnancy Complications

Aegon Life Disability Rider – This rider offers an immediate lump sum payout along with waiver of future outstanding premiums of the base plan in case of permanent disability of the Life. These riders can be attached to a base plan on policy commencement or at any time during the term of the base plan.

Time is always running out. There are many things to do but a very little time. You do whatever it take to make sure that your family leads a comfortable life. In order to ease some worries and give your family the best, Aegon Life iTerm Insurance Plan, which ensures protection for ur loved ones- at a fraction of cost. You can now avoid the hassle of the tedious paper work and easily get yourself insured using the internet. It is not only simple but also available at your fingertips.

HOW DO YOU APPLY FOR AEGON LIFE iTERM INSURANCE PLAN?

Choose the amount of protection you need

choose the policy term and Premium Payment Term

Customize your policy by opting for riders

Make payment

Risk commences (subject to conditions) and policy information document is sent to you

About Aegon Life:

Aegon roots go back 170 years – to the first half of the nineteenth century. Since then, Aegon ha grown into an international company,with businesses in more than 20 countries in Americas, Europe and Asia. In the U.S, Aegon’s leading market, it operates under the Transamerica brand.